Allianz Credit Opportunities WT9 Cap EUR

Long term capital growth by investing in global Bond Markets in accordance with E/S characteristics. Sub-Fund assets are primarily invested in global bonds as described in the investment objective. Sub-Fund assets may be completely invested in Emerging Markets. Sub-Fund assets (excluding ABS/MBS) may be completely invested in High Yield bonds bearing a typically higher risk and higher potential of gains. Max. 20 % of Sub-Fund assets may be invested in ABS and/or MBS with a good credit rating. All bonds and money market instruments must have at the time of acquisition a rating of at least B- or a comparable rating from a recognised rating agency. Max. 10% of Sub-Fund assets may be invested in Equities. Included in the aforementioned limit are Equities and comparable securities or rights in the exercise of subscription, conversion and option rights on investments such as convertible bonds, contingent convertible bonds and bonds with warrants. The credit long / short strategy encompasses a broad diversity of credit strategies mainly implemented in the bond market. One common strategy is to benefit from price discrepancies between the securities of one or more issuers with the same sector or market segment. Strategies may vary in respect of credit-rating requirements, regional exposure and other additional requirements. Max. 100% Sub-Fund assets may be held in deposits and/or may be invested directly in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds on a temporary basis for liquidity management and/or defensive purpose. Max. 10% non-EUR Currency Exposure. The Duration of Sub-Fund assets should be between minus 1 and plus 2 years. The Sub-Fund promotes environmental and social characteristics (E/S characteristics) with simultaneous application of certain minimum exclusion criteria for direct investments and targets a specific minimum allocation into Sustainable Investments. Sub-Fund's pre-contractual template describes all relevant i

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No